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20121227
20121227
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right to the senate floor where senator mitch mcconnell is actually speaking about the fiscal cliff. let's take a listen. >> we'll see what the president has to propose. members on both sides of the aisle will review it, and then we'll decide how best to proceed. hopefully, there's still time for an agreement of some kind that saves the taxpayers from a wholly, wholly preventable economic crisis. mr. president, i yield the floor. >> the majority leader. >> i'm not sure my distinguished republican counterpart has followed what has taken place in the house of representatives. the house, as reported lie the press and we all know, one of the plans that didn't have a name, it wasn't plan "b," i don't know what plan it was because they've had a number over there, but this plan was to show the american people that the $250,000 ceiling on raising taxes wouldn't pass in the house. why didn't they have that vote? because it would have passed. they wanted to kill it. the speaker wanted to show everybody that it wouldn't pass the house. but he couldn't bring it up for vote because it would have pass
republican leader mitch mcconnell adding his voice to a day that has seen a number of people talking, including that man, harry reid, the majority leader of the senate. we've been getting mixed signals. the biggest signal we got was regarding the house which is coming back to -- reconvening sunday night, and that brought the market back in a big way, but now we're hearing from mitch mcconnell and let's bring in eamon javers there on capitol hill, i mean, the rumor had been, a lot of traders talking here, eamon, that maybe there's a dell brewing between the president and the senate. that doesn't sound like anything is going on right now according to rich mcconnell. >> what we got was a facebook post from scott brown who said he was come back to washington and jumping on an airplane to review some new proposal from the president that they expected to get. the whole afternoon has been spent by reporters trying -- trying to figure out what was going on. now harry vaed responding to mcconnell so let's right to it. >> he's upset because, quote, the phone never rang. he complains i've not d
congressional leaders. reid, mcconnell, boehner and pelosi. . joining me to talk more, we have peter alexander standing by at the white house as well as nbc's mike viqueira on capitol hill. some verbal smackdown, basically flipping the lights back on and harry reid taking to the floor to eviscerate speaker boehner. >> the sad part is you often seen the floor opened that way. mitch mcconnell being later today. i'm sure we'll hear something later. to hear it two days after christmas and a matter of days before we go through the fiscal cliff, obviously not encouraging. harry reid says time is running hout. he doesn't know if they could go through the legislative hurdles. if they have the votes around here, they can legislate the sky is green and the grass is blue. that's not an issue. what harry reid is really saying is mitch mcconnell, get on board, don't try to filibuster. of course they're talking about a bill that had raise capital on couples making more than $250,000 a year, and do a few other nuts and bolts that are deemed the bare minimum that the president wants to see done before we hit
reid is trying to jam mitch mcconnell into allowing this vote to go forward without the 60-vote threshold, something that's necessary for virtually every vote here in the senate and mitch mcconnell says it's time for president obama to lead. the threshold question is, can something pass the house of representatives? can john boehner put something on the floor that needs the majority of democrat support that will not get republican support and none to speak of that would allow taxes to go up for people making more than $250,000 or 400,000 as was in the president's last offer and the answer to that question remains very, very unlikely. so we are where we are. this ain't schoolhouse rock, that's for sure. it's not like the house passes a bill, the senate passes a bill. this is a stand yau and the looks like the ultimate version of white house gridlock. >> right. and you mentioned the threshold. we have senator murkily on later today to talk about how crucial the filibuster is. i want to go right to steve kornaki here. we talk about the weather sometimes because it's more fun than p
on his side. that's why speaker boehner and mitch mcconnell are cracking up with the clock ticking. joining me now is form er pennsylvania governor ed rendell. jerry bernstein, senior fellow at the center and jonathan, opinion writer for "the washington post" and an msnbc kriblt tor. contributor. thank you all for coming on the show. governor rendell, let me start with you. have you ever, ever seen anything like this? i mean, where is the leadership? >> yeah, this is amazing. if i were the president, i'd be tremendously frustrated. you have to have somebody to negotiate with. there's nobody across the table for the president to strike a deal with. and the president has been forthcoming. he's been expansive. he's already moved. he's moved from 250 to 400. he's made significant steps. he's laid out some of the entitlement forms that he's willing to accept. he's moved about as far as he can move because there's nobody coming back to limb saying we'll do this and we'll do that. it's really irresponsible. >> it's very irresponsible. jonathan, you look at the fact that they're not being
departure, the president called all four congressional leaders, reid, mcconnell, boehner and pelosi. now fiery words after reid hit boehner with volley after volley from the senate floor earlier today. >> if we go over the cliff and it looks like that's where we're headed, mr. president, the house of representatives as we speak with four days after today aren't here with the speaker having told them they'll have 48-hours notice. i can't imagine their conscie e consciences. >> speaker boehner's office responding with a terse statement saying in part, quote, senator reid should talk less and legislate more. the house already passed legislation to avoid the entire fiscal cliff. senate democrats have not. joining me now from d.c. nbc news white house correspondent peter alexander. peter, there was word the last hour that the president may have sent some sort of deal. the white house then turning around saying that's not true at all. where was the confusion? >> reporter: well, you hear the frosty statements back and forth as you just indicated there, craig. ah, the holidays in washington. a
. >> thank you so much. we just got word that the senate republican leader mitch mcconnell will be going before cameras shortly so that could be market-moving as well. we'll wait to see what that is. >> when he speaks, we'll bring him to you. flows into stocks-based mutual and exchange traded funds have posted 8 billion and bonds, on the other hand, have taken less than 1 billion. a bit of a rotation going on here. should investors be putting money to work in equities despite today's selloff? >> the battle of stocks versus bond. with us cnbc's jeff cox and kathy jones from charles schwab. waiting to see what the ten-year note is doing. it's come back sharply now with the buying of stocks here. i mean, there is this either/or going on right now, safety vers versus risks, right? >> doing this all year long, news about the economy or settlement of the fiscal cliff issue, the bond market sells off a little bit and the market rallies. here we are again. hope springs eternal. >> let's say we get a deal in the near term, some sort of a framework deal. does that mean we'll see rates on the treas
. this afternoon senate minority leader mitch mcconnell said he wasn't willing to offer the white house a blank check just because we're on the edge of the cliff. take a look. >> last night i told the president we'd be happy to look at whatever he proposes, but the truth is we're coming up against a hard deadline here and as i said, this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> well, actually it's not a blank check the president has been pushing. and this isn't a partisan statement. look at the numbers in terms of what the public thinks about what the president ran on which is to raise taxes for people who make over $250,000 a year. 47% of the country basically agrees with that, which is what he said. only 13% raise taxes for everybody. they are the real conservatives. and fiscally hawkish i would say. and 35% say no tax increase. so americans tend to agree with the president. when you go back to this campaign, there are very few other
the cliff. it is really about senator harry reid and mitch mcconnell? >> to develop the political staring contest democrats say republicans need to move and around rego. the president arrived this morning from hawaii and so with the top democrats and republicans but still no update to report. senate majority leader harry reid said it looks like we're going over a cliff and it is up to the house. >> speaker boner shed call people back to washington today and should not have let them go. they are not here. john boner cared more about his speakership than the financial footing. >> they're now working on a fiscal clear solutions they say the majority leader should talk less and legislate more. also mitch mcconnell says the leader is happy to review with the president what he has in mind but that a majority has not put forward a plan. when they do members will review legislation to make decisions on how fast -- best to proceed. >> it takes time for the house and senate to get something done. if there is a solution agreed to buy political leaders it could take beyond the new year before it gets
a bill unless mitch mcconnell allows it to come for a vote for a simple majority. they are seeking assurances that he won't try to block it. for his part he said it's up to the president to lead. unclear if anything is going to happen today. it's becoming more and more likely we will hit january 1st without a resolution. >> peter, obviously the president gets back a little bit from now. what are we hearing about their strategy? we have that very effective bully pulpit? >> it's a good question. the president is supposed to arrive a couple hours from now. 72 degrees for honolulu. better hope he brings sunshine back with him. the real challenge is when he gets here, there is barely 100 hours before the headline hits. he said a short time ago describing their strategy and it remains not too dissimilar. it's not whether we can get a deal done or not. whether mcconnell will filibuster such a deal and will boehner allow a vote. the strategy he indicated moments ago. that doesn't look like good news with the frosty exchange of statements between house speaker boehner yesterday and majority
as senator reid and his opposite number, minority leader mitch mcconnell. but today, mcconnell gave no indication of movement. >> last night i told the president we'd be happy to look at whatever he proposes, but the truth is we're coming up against a hard deadline here, and as i said this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> reporter: adding to the urgency, treasury secretary timothy geithner warned he'll have to begin taking "extraordinary measures" to postpone a government default. the government is on track to hit its borrowing limit on monday, he said with no prospect of congressional action to raise the limit. here now to help us unravel what's going on is todd zwillich. he's washington correspondent for "the takeaway" on public radio international. todd, welcome back. decode this for us. are the players privately as bleak about the prospects as their public statement suggests? >> not as bleak, margaret, but bleak
, was senator mitch mcconnell and here we have the majority leader in the senate, harry reid. let's listen in for a second. >> the house has reported by the press and we all know, one of the plans didn't have a name, it wasn't plan b. i don't know which plan it was because they've had a number over there. but this plan was to show the american people that the $250,000 ceiling on raising taxes wouldn't pass in the house. why didn't they have that vote? because it would have passed. they wanted to kill it. the speaker wanted to show everybody that it wouldn't pass the house. but he couldn't bring it up for vote because it wouldn't pass. republicans -- a myriad of republicans think it's the fair thing to do and of course every democrat would vote for that. the republican leader finds himself frustrated that the president has called on him to help address the fiscal cliff. he's upset because, quote, the phone never rang. he complains that i have not passed the resolution to pass the fiscal cliff but he's in error. we all know that in july of this year we passed in the senate the relief that wo
senator mcconnell decides whether to filibuster the measure and whether the other republicans in the party will filibuster, they have to see the details in the proposal. will there be an estate tax provision? how will unemployment which is expected to be extended? will it be paid for? what spending measures will be in this and spending cuts, etc. there will be more details spelled out and where will that come from? will it come from a phone call and staff here at the white house and spelled out by the staff of the senate majority leader harry reid. all that was is yet to be determined. perhaps senator connell's office believes it will come from different sources and there is a lot of potential for confusion with such little time left and so much pressure on the line. dana might have more information. >> a lot of -- if this happens that happens. you are right. hey, dana,y want to go to you. across the wire the house may be coming back into session on sunday, but do we know, is there movement towards getting there? is that confirmed? >> yes, we have it confirmed. i apologize. there is a conf
. it is up to the senate to do something. you have senate minority leader mitch mcconnell, the republican saying it is up to the democrats to do something. we'll not do anything until president obama and the democrats come up with a plan and president obama actually late yesterday did call all four leaders, majority, minority leaders in the house and senate that includes mitch mcconnell and said the first time a democrat called him since thanksgiving to talk about this. so they're talking but there is no indication anybody is actually doing anything right now. gregg: what about harry reid? what's his, does he have anything at all maybe towards the end of the week he will put on the table? i've been hearing he will put to a vote an extension of the bush tax cuts for anybody making under $250,000 a year, extend unemployment benefits for some 2 million people that are about to lose them. what are you hearing? >> right. he sounded pretty pessimistic this morning but that could change and there's, kind of a fight, procedurally between the house and the senate in a sense that if reid originates
to reconvene on sunday. both senate majority leader harry reid and senate minority leader mitch mcconnell spoke a short time ago and neither sounds hopeful of fiscal cliff deal will be made before the deadline. so at this point is there any chance the united states can avoid taking a fiscal cliff dive? joining me for more is republican senator john hoeven of north dakota. and very simply, sir, we appreciate you being here but is harry reid right? are we going off the cliff? >> well, adam i hope he is not right. at this point president obama indicated he is going to call and talk to our leader, mitch mcconnell, senator mcconnell and make a proposal. we're very interested to see what that proposal is. we put revenues on the table. there needs to be some savings. and i believe we can get a deal so let's go. adam: what will the do look like? the president at one point actually upped what he was willing to tax. he wants taxes. originally saying on incomes of 250,000 and up. then he went to 400,000. what kind of compromise do we need from both side to get a deal done so that i don't have to keep bori
by phone yesterday. senator mcconnell says he would be happy to look for to any proposal from the president. >> economists have warned that failure to address the fiscal cliff could send our country back into recession. maryland live! casino now open 24-7. before they closed at 2:00 a.m. and 4:00 a.m. on friday and saturday. but this morning the anne arundel location , that stores for the very last time. >> they unlocked at 8:00 and there was a waiting line to get in. this is all early buzz for the 24-hour operation. before now, the casino had to close its doors, but not any more. and adult beverages here are now sold around-the-clock. >> 24 hours a day -- all day long, all night long, all year long. we are pretty excited about that. >> i think it is great. it will bring more revenue into the stage. i think it is win-win. >> i think it is great. it makes it more like vegas. >> this comes before a big night of the year for the entertainment industry -- new year's eve. maryland live! expects to do well on its own and to draw crowds from nearby bars and restaurants that have to close early. >>
. this is spokesperson from senator mitch mcconnell's office. last night the president called senator mcconnell, the first democrat to do so on the fiscal cliff since thanksgiving and other leaders to talk about the need for the senate to act. the leader is happy to review what the president has in mind but to date the senate democrat majority has not put forward a plan. when they do members on both sides of the aisle will review the legislation and make decisions on how to best proceed, end quote. this is a serious back and forth. let's get some perspective. chief congressional correspondent mike emanuel is live for us in washington. a short time ago, another key lawmaker did not sound very optimistic, mike. >> reporter: harris, you would be right. that would be senate majority leader harry reid. seemed kind of irritated that house republicans and all house members are not here in washington trying to work out a deal on the fiscal cliff. here is more from leader reid a short time ago. >> if we go over the cliff and it looks like that's where we're headed, mr. president, the house of representa
of senator mitch mcconnell? guest: the line that comes from the speakers office all the time is the line of communication remain open. i don't know how much talking they did as the president was in hawaii spending time with his family and the speaker was back home in ohio, i believe. i don't know that for sure. everyone was doing their family time and not really working that significantly on something. i think there was probably some minimal conversation, but not a lot. as for the senate minority leader mitch mcconnell, i think that is a good one. a lot has been made in the past few days about him taking a higher profile role in these negotiations. while i don't like prognosticating into the future, we can look at the past in some of the previous negotiations of congress and the kind of role he has played. almost all of these talks, whether it was about government shutdown in the spring of 2011 or the debt limit debate in the summer of 2011 or the payroll tax-cut debate last year, those negotiations started at a level between the president and speaker but always broke down at that level
in both houses. the only thing that would prevent it is if speaker mcconnell and speaker boehner don't cooperate. do you think mcconnell and boehner are in the mood to cooperate with president obama? >> i do believe they're in a mood to cooperate. they've talked -- and speaker boehner's talked for a long time about a grand bargain, about a big deal, about trying to find some major solution going forward. but the senate hasn't acted on anything, so i think we have to be careful on just placing the blame on mcconnell or boehner. without adding in to this mix, senator harry reid who is running the senate and have failed to act on anything yet. >> will you support whatever short-term deal the republican leadership supports? >> i don't know what i'm going to support yet until i see it. the previous congressman you had on, raul, interesting enough, his office is right next to mine in longworth. the fact of the matter is we're going to have to find a place to come together. that the president has offered a 7% solution for a 100% problem. i was struck by the fact that not a single democrat s
. senate majority leader mitch mcconnell is saying this is the first contact he's had from a democrat since thanksgiving. you need unanimous continue sent for a lot of things to happen. >> and we're now hearing that the white house is denying there's a new plan from the president. so the white house and harry reid are both denying scott brown and gopas about this new physical cliff plan which puts us back to square one. you tackled this issue of john boehner's control over his conference. in a really interesting way. you basically said he's a substitute teacher in the sense that even when he disciplines folks like holtzcamp who were insubordinate and ripped them of committee assignments, the whole episode gave boehner the feel of a substitute teacher who is accountable for what happened in the classroom but isn't really in control of the kids. so these guys deny him and yet he doesn't have control of them at the end. >> it's a handful of guys, maybe as many as 20, 30, something like that who basically are completely uncontrollable for boehner. it is a large enough number that he can't put s
then what we've been hearing from republicans, particularly mitch mcconnell's office is we can't talk about whether we can pass anything until we actually see the legislation. so our understanding from these sources who are familiar with the call and familiar with the process is that the president will put the plan in legislate lative language. what is the plan? the president's tax plan he campaigned on for five years which is to let the tax plan expire for households making less than $250,000. he would add unemployment insurance. the thinking here is he would potentially also add extending the estate tax cut. the estate tax has been at a relatively low level. it expires also at the ipd of the year. but, you know, this is all you know, to'ing and fro'ing right now to see if it's possible to pass anything to keep most americans' taxes where they are before the end of the year when everybody's tax go up. >> we heard from senator reid earlier today. they were dealing, in his words, with a dictatorship. are we expected to hear from him or any of the players from the hill in terms of trying to m
, four days to go, you heard from senate minority leader, and mitch mcconnell says we're heading over the fiscal cliff. the panic is just setting in. this is your world. taxpayers are starting to freak out because a half trillion dollars plus tax hit is about to kick in as a deal to avoid the fiscal cliff is no where are in sight and time is running out. we hit the streets to show people this. this graphic shows how big a tax hit you could expect depending on your income no matter where in the country you live. for folks who could soon be forced to pay higher taxes, reality setting in. >> january 1st, that's what your taxes would go up. >> wow. >> wow. >> wow is not wow. >> well, it's going to be somewhere between 8,000 to $12,000, which i don't have. so i'm not looking forward to that. >> we're living paycheck by paycheck. i have five kids and that's going to put us way down in the hole. >> i'm a single income, you've got to be kidding. >> that's a lot of money. >> we need to keep our money in our pockets to help our country first. >> that sucks. i have a lot more better things to do
forward a plan. late today, mcconnell expressed frustration. >> this is a conversation we should have had months ago. republicans aren't about to write a blank check or anything that senate democrats put forward just because we find ourselves at the essential. >> asked if he was going over the cliff, biden joked cliff? what cliff? this has been operated with a dictatorship of the speaker. not allowing the vast majority of the representatives to get what they want. they want them to return in case a deal is in the final hours. today, the u.s. is heading over the cliff. >> what goes away next week is the bush tax cut that they loathed since they went in place a secon decade ago. don't assume the president wants to cut a deal. he wants to see if he'll be blamed for it before they negotiate. they talk about the meeting tomorrow with the president and key congressional leaders. >> thank you. if the fiscal cliff can be avoided there is another gigantic hurdle awaiting the lawmakers. >> they will hit the credit limit of $16.4 trillion on december 31. the nation thereafter can't pay the bills unl
they think needs to be done is to get senate leader mcconnell to agree not to filibuster any action in the senate and then get speaker boehner to agree to put a bill forward on the house floor for a vote. if those two pieces happen, then they feel like there could be something done before new year's. so it's sort of con joeling mitch mcconnell to agree to those actions on those parts. if the president can get that done, we don't have much time left for the rest of the pieces to fall into place. >> jessica, i'm sure you saw harry reid on the floor there today really going after speaker boehner, which is just more and more of the blame game. can anything get done when all they are doing is fighting and blaming each other? >> for the longest time, we thought this is a lot for the last few weeks of public posturing. behind the scenes, they must have a secret deal worked out, but in the end they will come out with a deal to get this done before new year's. but it hasn't turned out that way, has it? so it's not surprising there's an enormous amount of partisanship given each side wants to
can do. >> right. >> so i want you to deal with harry reid, possibly senator mcconnell and you all come up with a deal. and, you know, in a way, that's kind of insulting to us in -- on the democratic side in the house. >> sure. >> we all represent 700,000 people, the last thing we want is our speaker throwing up his hands, not allowing us to come in to do the people's work but particularly, when we have so many americans who could be harmed by our failure to act. and it's quite irresponsible. by the way, i would give some advice to speaker boehner, he needs to talk to nancy pelosi. when nancy pelosi was speaker, she found a way even with maximum republican opposition to bring her diverse caucus. that is a caucus with diverse views together to get things done like the affordable care act. like dodd frank. she got it done. >> that's great advice, and we hope he listens. >> i hope so. >> thank you so much, my friend. >> my pleasure. >>> let's turn to ryan grim. mr. grim, the jobless are really the only segment of the population who get an immediate hit if we go over the fiscal cliff.
mcconnell. she's a main power, a fund-raising machine and eighth-generation kentuckyian who could take on mcconnell in his own state. >> probably watching that state today. a business kentucky fan. >>> for all the 13 to watch, we're putting a link to the article on our website. log-on. that's there as well as a whole lot more. >>> thomas roberts is up next. thomas, good to see you, i see it's a gray suit day. >> i got the memo. >>> next hour getting your driving gear ready. the ping-pong game continuing. senate majority leader harry reid blasting house speak john boehner moments ago for being m.i.a. from the capitol. there's new word the president has called all forecongressional leaders, hose thousands phone calls went. me the reverend al sharpton is teaming up with the commissioner ray kelly to push for an assault weapons ban. this is the talk over arming teachers or at least armed guards in schools has picked up -- we're talking about one mayor e south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it o
expressed by the then-director of the national intelligence mike mcconnell, the then-c.i.a. director michael hayden, the attorney general at the time, michael mukasey, as they discussed the consequences that we would have to deal with if we continued not to move forward and put this act back in place. the agreement we reached balanced the concerns of those who feared that the national security agency had overreached with the other balance was the ongoing authority that the intelligence community needed to protect the country. that agreement is before us again to be reauthorized for another five years. the fisa amendments act protects individuals in the united states from so-called reverse targeting. it's one of the concerns people had five years ago. this would be a process which in theory could be used to monitor the communications of american citizens under the guise of spying on terrorists. it also continues to ensure that any communication originating in the united states caught in the fisa process is minimized. now, what does that mean? it means it's handled in a way that american commu
mcconnell needs to be a player because john boehner has kept tized him to do this, he's up for re-election in 2014. he has to consider that prospect as well. >> depply doug. >>> coming up, kurt andersen will be here. also, "new york times" columnist frank bruni and nbc white house correspondent, chuck todd. also, the lives they live. this sunday's "new york times" magazine profiles the memorable people and in some cases places that we lost in 2012. john kelly joins us for a look back at those who passed. >>> up next, mike allen with the "politico playbook." first is dylan drier tracking the winter storm. >> this storm is a big one. it affected the whole eastern third of the country for several days right through that all-important holiday for travelers. that certainly did wreak havoc on the airports. we ended up with more than a foot of snow in some areas, especially back into ohio, pennsylvania and new york state. granby, connecticut, picked up six inches before it changed over to rain. we saw winds gusting up near hurricane-force strength in brick, new jersey. 74-mile-per-hour w
mitch mcconnell? guest: the line that comes from the speakers office all the time is the line of communication remain open. i don't know how much talking they did as the president was in hawaii spending time with his family and the speaker was back home in ohio, i believe. i don't know that for sure. everyone was doing their family time and not really working that significantly on something. i think there was probably some minimal conversation, but not a lot. as for the senate minority leader mitch mcconnell, i think that is a good one. a lot has been made in the past few days about him taking a higher profile role in these negotiations. while i don't like prognosticating into the future, we can look at the past in some of the previous negotiations of congress and the kind of role he has played. almost all of these talks, whether it was about government shutdown in the spring of 2011 or the debt limit debate in the summer of 2011 or the payroll tax-cut debate last year, those negotiations started at a level between the president and speaker but always broke down at that level
are sick of. while it's perfectly conversation. mitch mcconnell said our number one goal is is to defeat president obama. there is a sense that a lot of republicans want to just block every single thing. >> laura: if he doesn't get nominated because of the republicans. it's probably going to be because of the democrats, the jewish lobby comment and maybe not voting for the iran libyan sanctions. probably have republican opposition as well. margie great to see you. >> great to sigh. happy holidays. >> laura: happy holidays. next on the run down the newtown massacre stopped shopping in its tracks. later in the wake of that slort in slaughter in connecticut. new york newspaper publishes the names and addresses of local gun permit owners. has their privacy been breached? those stories and more when the factor continues. >> announcer: stop! living with hair loss, that is. losing your hair is no fun and no one wants to be bald, but there is hope. >> getting my hair back was the best thing that ever happened to me. >> i'm happy with the way i look now. >> i'm very excited about my hair. >> i fe
, mitch mcconnell. when that happens we'll go live to the senate floor but a spokesman for john boehner says senator reid should talk less and legislate more. the house passed legislation to avoid the fiscal cliff. senate democrats have not. if the president and lawmakers cannot reach a deal in the next five days, automatic tax hikes and major spending cuts are set to kick in and economists warn that could trigger another recession. what else are we hearing from democrats on the hill? >> trace, very interesting comments from vice president joe biden up here for an unrelated matter about the fiscal cliff today. he says, essentially he was asked what do you think will pass? he said if you tell me what would attract republican support, i can tell you what would pass. if asked if he was optimistic, he said he was neither optimistic or pessimistic but was going back to talk to the president. the senate majority leader sounded frustrated with house republican leadership. >> american people i don't think understand the house of representatives is operating out the house of representatives. it'
mcconnell and baron --, boehner for days and days and days going into weeks and months and it's the only option that is a viable escape route. that's the senate-passed bill. it wouldn't hard to pass, i've talked about that at some length. every democrat in the house would vote for it, a handful of republicans would vote for it. that's all that would be nominee needed. but, mr. president, grover norquist is standing in the way of this. not the rich people. but grover norquist. the man who says what the republicans can do. so i say to the speaker, take the escape hatch that we've left you. put the economic fate of the nation heafd your own fate as speaker of the house. millions of middle-class families are nervously watching and counting down the moments until their taxes go up. nothing can move forward in regards to our budget crisis unless speaker boehner and leader mcconnell are willing to participate in coming up with a bipartisan plan. speaker boehner is unwilling to negotiate, we have we've not heard a word from leader mcconnell, nothing is happening. democrats can't put t
with congressional leaders on hand will be the president, mitch mcconnell, the minority leader in the senate and of course harry reid, the majority leader. earlier reports of this story had it john boehner would be on hand, but john boehner is not even in washington, d.c., and a spokesperson told us they haven't been invited. so figure that out. who will follow as it continues to break but right now a meettng with congressional leaders on the fiscal cliff with the president on hand tomorrow, friday, and we will shirk over that. i put different topic. even if you aren't a frequent flyer, my next guest says you can enjoy the perks of being one. like being upgraded to first class and it is not as hard as you think. now, rick, have waited for this segment for the whole show because i wanted that elite status but i don't fly enough to really earn it. so tell me, how can i get that elite status without doing all the work were spending all the money? >> typically the one bad problem with elite status if you have to fly. you don't have to fly very much. we'll give you an example of how my wife achie
the moments until our taxes go up. >> senate minority leader mitch mcconnell is expected to take the senate floor a few minutes from now. he has been saying his office has been saying throughout the day when senate democrats offer a plan, republicans will review it. so republicans are very much waiting for democrats to offer a new type of fiscal cliff proposal. democrats are saying to republicans in the house, they should just pass that bill that passed the senate earlier this year, one that extends tax rates for families earning less than $250,000 a year. so very much bit of a stalemate going on here in washington as we move ever closer to the deadline. back to you. ashley: my first reaction is, so what's new? >> not much. ashley: at least it is something. but the 31st is well, the very next day. >> right. ashley: if you look past the headlines about the gridlock in washington what do the fundamentals of the economy really look like? are they not that bad? and will 2013 be the year for you to make money? certainly hope so. mark luschini, janney montgomery scott analyst joining me in an fb.
need the senate to act. we need the house to act. we need senator mcconnell to come to us to come with a package of what can be passed. what is the ultimate game plan, do you think, by deflecting the responsibility, essentially, for getting a deal done? >> what has been the case all along continues to be the case now, which is if there's any hope of a deal here, all the parties, all of them have to stand on the edge of this cliff, hold hands and jump off all together. that's the only way we will navigate this thing safely. what's happening now is that everybody is walk up to the edge individually and looking over and saying i don't want to do that i can't bring myself is to cast that vote. if they can all hold hands and do this together and avoid blaming each other then they can get a deal but it seems clear that what we are seeing in public now a reflection of behind-the-scenes negotiations that have broken down or at least hit some very serious impasse and we will not get a deal possibly by new year's eve and might have to deal with something after january and of course, after t
. mitch mcconnell said our number one goal is is to defeat president obama. there is a sense that a lot of republicans want to just block every single thing. >> laura: if he doesn't get nominated because of the republicans. it's probably going to be because of the democrats, the jewish lobby comment and maybe not voting for the iran libyan sanctions. probably have republican opposition as well. margie great to see you. >> great to sigh. happy holidays. >> laura: happy holidays. next on the run down the newtown massacre stopped shopping in its tracks. later in the wake of that slort in slaughter in connecticut. new york newspaper publishes the names and addresses of local gun permit owners. has their privacy been breached? those stories and more when the factor continues. >> laura: in the factor follow up seeing many tent, just hours after 20-year-old adam lanza shot and killed 27 people including 20 children in connecticut this month. the left began demanding new gun control measures. the city of chicago has seen unprecedented violence this year and the mainstream media has largely been
, the senate was always going to come up with a deal. the question becomes is what is it and does mcconnell, senate minority leader actually let senator reid get a bill off the floor of the united states senate and -- by the end of the week or saturday or sunday. if that's the case, that's fine. guess what. it doesn't matter what the senate comes up with. the house is still not going to pass it. john boehner can't. he just can't pass a bill off his floor with a majority democrats and 20 republicans. >> the house already voted to extend all of the bush tax cuts. >> and the senate -- >> house leaders are right to say the ball is in the senate's court. until they act we can't know -- what kind of deal we come up with. >> the ball is always in the senate's court. that's how it works. >> you are both argue being process. here is what i don't understand. i stay to democrats that come on, what p the republicans voted to extend taxes on everybody that you want, would you means test social security and medicare? the vast majority say oh, no, no, no, no. >> not this democrat. i would absolutely suppo
on mitch mcconnell's office to see if vice president biden is swinging by today and one of the ways that the two sides may be having a form of a conversation today given the fact that we believe absent the calls, the president put out to the leaders, the house and the senate, that there's been no more conversations absent those between senior staff today. >> viqueira, a little birdie around the building said there's a pool that some people are in betting on when this thing will be wrapped up. and i heard you have january 10th. i would like to know your thoughts on why you picked january 10th. i would like to know what is the outlier date in this pool and if you have any intel on who else is in the pool. >> reporter: well, i mean, i'm sure i take no satisfaction in being right in this. there's a lot at stake here and certainly we look at gambling on legislation so there's money wagered. having said that, toure, i mean, you know, there's just too many ways to lose votes in this thing and not enough to gain votes in this thing and given the dynamic, the bedrock dynamic of the house of
and mitch mcconnell have been radio silent on negotiations. joining me is will kain and roland martin, a political analyst and columnist. welcome to you both. >> good to see you. >> good to see you. i'm just so sad we have to talk about the fiscal cliff. let's start with you, roland. harry reid comes out and says the house isn't in session. the president is back. the house is going nowhere. john boehner is doing a terrible job and we'll likely go off the cliff because of the republicans. >> it's interesting. this morning i talked to congressman e moon yule cleaver and part of the issue deals with the house rules. they have to have 48-hours notice to come back to washington, d.c. republicans also have a rule -- >> like there are phones. >> but again, the problem is the house rule that they must wait 72 hours to act on legislation. they can always suspend that rule, frankly change it for this particular purpose. that's part of the problem. they waited so long. this is also one of the reasons why congress should have kept their butt in washington, d.c. to get this problem solved because
the problems with the weather around the country and got no response on that. spokesperson for mitch mcconnell asked the same question and he said it was possible that some senators might be delayed in getting back here. we should point out for example there are two republican senators in maine. shibani: good luck getting home. got some work to do. dennis: it is now up to the senate to come up with a fiscal cliff compromise because the house failed to work out a plan and we are joined by two house members, marcy captor and republican congressman tom mcclintock. thank you for being with us. let's start with you, during the presidential debate, president obama said flatly we are not going to go over the fiscal cliff. it is not going to happen. is that still the case do you think? >> that has been president obama's position and it is my position and the position of the democratic caucus in the house, the position of the democratic caucus in the senate. the problem has been in the house sadly, there's a serious step on the republican side of the aisle and we were unable to reach resolution comprom
republicans on the fiscal talks. i just wish that john boehner and mitch mcconnell would have some more backbone and the tables and say we heard. read about blaming republicans, and boehner said it on the senate floor, but they need to come to the podium today or tomorrow and say senator reid, we recently passed two bills are sitting on the fiscal cliff cristeta sitting on your desk and you have the audacity to blame republicans. i think they're both to blame someone. reid a little more so. we see what happens. obama has led this country. he is about to lead us into another debt downgrade. it should be evident to see what happens when you let partisan democrats like harry reid and nancy pelosi call the shots. >> marty, you are calling on the democrat line. what is your reaction? caller: the president needs to get the republicans come back in from christmas holiday. >> what do you think is gonna happen? >> we are on the verge of a fiscal cliff and they are still on vacation. >> let's go to mike in texas, on our line for republicans. >> i agree with the first guy. i wish they would have a
it is if senator mcconnell and speaker boehner don't cooperate. this is from the white house yesterday. do you believe that to be the case? >> no, i don't believe that to be the case. listen, a year ago august when the president was negotiating with the speaker, they were very close to the big deal that needs to be struck. and this isn't a one party or a one house problem. this is leaders of both parties and all branches of the government are not willing to make the deal that they know they have to make, and everybody wants their stuff but doesn't want to give up, you know, what they don't want to give up. >> you know, we're showing pictures right now of john boehner and president obama. john boehner from your state of ohio. there are a lot of people that say if the deal were between these two guys, it would be made. the problem is john boehner can't agree to something with president obama and then take it back to his own party. >> well, and vice versa. a year ago august the president couldn't agree to the deal he needed another $400 billion in revenue. look, if the president and senator reid
leader mitch mcconnell to say what are you willing to accept? so here we are. there is blame game going on. there is lot of maneuvering still. bottom line we'll probably meet this weekend heading up to the fiscal cliff and we'll see what the final offer is to see if they can push it across the finish line. gregg: mike, we're getting word the president has nod no meaningful conversation with anybody own capitol hill, especially john boehner and yet we do hear, that, you know, the seeds have been talking. that staffers have actually been negotiating. what do you hear? >> reporter: that's right. we heard there have been ongoing discussions, taking place throughout the christmas holiday but at this point republicans are saying they took a beating, if you will, trying to lead in the house, a deal that did not go very far. so they're saying, okay, harry reid, senate democrats, see what you can do, see what you put forward and see if it is good enough to possibly pass both the senate and the house that is a tricky situation to navigate at this point because the senate and house are obviously q
john baker, senate republican leader mitch mcconnell and house democratic leader nancy pelosi. >> mr. obamas because of four leading for his christmas vacation last night. >> former president george h. w. bush is in intensive care at a houston hospital this morning. >> mr. bush's been hospitalized there since last month with what is being described as a stubborn fever. >> spokesman for its office said that the 88 year-old involved all liquid diet and has been in i see you sunday. >> busch sr. was originally a minute to the hospital for bronchitis like cough. the cough has improved but now the fever is the issue. >> off the mount tam cam shows the view down the coast. we are getting ready for more rain. we will have an update on forecast coming [ female announcer ] this is a special message from at&t. [ male announcer ] it's no secret that the price of things just keeps going up. [ female announcer ] but we have some good news. it's our bundle price promise. [ male announcer ] a price you can definitely count on, for two whole years. from at&t. [ female announcer ] a great price for a
mitch mcconnell or other senators in the republican party will allow that to move forward. if something passes in the senate, i think it's likely that the house will follow suit. i think that takes the pressure off john boehner a little bit in terms of bringing something to the floor that his minions don't love. >> take care, drew. >>> two firefighters shot and wounded on christmas eve are improving and starting physical therapy. joseph hoffstetter and the other firefighter were shot after being called to a fire. we are starting to hear the 911 calls. >> multiple firemen down. multiple firemen shot. i am shot. i think it was an assault rifle. >> volunteers from other areas have stepped in to help the webster fire department. >> we're all family, yep, brothers and sisters. it will be a long time before this department gets over this. i understand, if they need us to come back and help out we'll be here. >> police say william spengler set the fire to lure the firefighters into a trap. he eventually killed himself. his sister was also found dead. >>> how does a small community deal with so
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